Index Trend Analysis Report
Prepared for you on Tuesday, May 17, 2022.
Morningstar Sweden Index PR SEK (CME:MSSESEKP)
Countertrend Down (-85) - MSSESEKP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid MSSESEKP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSSESEKP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSSESEKP
The long-term trend has been DOWN since Jan 24th, 2022 at 4379.26
The intermediate-term trend has been DOWN since Apr 12th, 2022 at 4129.78
The short-term trend has been UP since May 12th, 2022 at 3798.05
Smart Scan Analysis for MSSESEKP
Based on our trend formula, MSSESEKP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).